Transport funding bids

As part of the Autumn Statement 2016 the Government announced the creation of a National Productivity Investment Fund (NPIF) worth in total £23bn.

NPIF is for investment in areas that are key to boosting productivity: transport, digital communications, research and development and housing. The secretary of state for transport gave further details in written statements to Parliament indicating that of the total, £1.1bn will be for local roads.

The funding reflects the Government's strong commitment to rebalancing productivity by tackling specific barriers. These barriers are often congestion on the highway network that is restricting the movement of goods and people. The element of NPIF dedicated to overcoming barriers on the local network totals £925m capital. It is intended to secure immediate impacts and is aimed at projects that can be delivered quickly.

We are submitting two bids that covers the 2018/2019 and 2019/2020 element of the NPIF fund. The documents attached to this page provide the bid information as required by the DfT NPIF guidance.